Commenting on this topic, Ethan states that: “the PJM ISO's lower peak demand forecast was released in January 2016. PA projects the RTO to clear at $135/MW-day.”

Ethan continues: “Outside of the RTO, PA projects only the ComEd and EMAAC zones to separate, at pricing in the $170-$190/MW-day range. Potential uncertainties that could impact these forecasts include new combined cycle entry, as PA projects three new projects to clear, and the bidding strategy of Exelon Corp.'s nuclear plants in Illinois and eastern PJM.”